Page 440 - Code Section News Today

On January 13, 2023, the Internal Revenue Service (IRS) released a Chief Counsel Advice Memorandum (CCA 202302011) concluding that taxpayers cannot claim a deduction for cryptocurrency...

The 1% excise tax on certain stock buy-back transactions (the Excise Tax) that was enacted as part of the Inflation Reduction Act of 2022 (IRA) went into effect on January 1, 2023. You...

As widely reported, the president recently signed into law the Consolidated Appropriations Act of 2023 (CAA 2023), a $1.7 trillion omnibus spending bill, which contains significant...

SECURE 2.0 introduced several new distribution options and tax reporting rules for defined contribution plan sponsors. Below is an overview of the new provisions and their potential...

Anna Bower explains another niche, yet surprisingly consequential, area of Georgia law—presentments.

On December 29, 2022, President Joe Biden signed the SECURE 2.0 Act of 2022 (“SECURE 2.0”) into law as part of the Consolidated Appropriations Act, 2023. SECURE 2.0 includes a wide...

January 11th marked the start of my 10th General Assembly Session. The day before the session, on January 10th, Holly Seibold and Aaron Rouse won in the 35th House District and the 7th Senate District seat, respectively. Aaron Rouse’s victory expands the Democratic majority in the Senate and ass ...

On December 29, 2022, President Biden signed into law the Consolidated Appropriations Act, 2023. This legislation includes the highly anticipated SECURE 2.0 Act, which expands and...

The former Zuckerberg-backed group is funding a county that faced legal challenges after the 2020 election, to the tune of $3 million.

Much is being written about how SECURE 2.0 affects 401(k) plans, the most popular type of qualified plan today. Certainly there are important changes in store for 401(k) plans, including...